SunTrust Bank

303 Peachtreet Street, Northeast
Atlanta, GA 30308

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 867
Date Established 1891
Assets $202.06 billion
Loans $145.66 billion
Deposits $165.21 billion
Capital $24.07 billion

SunTrust Bank is an FDIC insured institution located in Atlanta, GA. It was founded in 1891 and has approximately $202.06 billion in assets. Customers can open an account at one of its 1,488 branches.

For a more detailed analysis of SunTrust Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in SunTrust Bank’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Georgia, SunTrust Bank has a significantly higher percent of Credit Card Loans, Consumer Auto Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.54
Multifamily
Mortgages
0.91
Credit Card Loans 1.07
Consumer Auto Loans 7.54
Small Business Loans 0.99
Construction and Development Loans 3.19
Commercial Real Estate 9.40
Commercial and Industrial Loans 29.05
Farm Loans 0.02

Deposit Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.01% $2,500 $9,999 Learn MoreShow Less
Money Market
0.03% $10,000 $24,999 Learn MoreShow Less
Money Market
0.05% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.03% $10,000 $24,999 Learn MoreShow Less
3 Mo CD
0.03% $100,000 - Learn MoreShow Less
6 Mo CD
0.05% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.05% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.10% $2,000 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.01% $2,000 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 - Learn MoreShow Less
Checking Rates APY MIN FEE
Essential Checking 0.00% $500 $7.00 Learn MoreShow Less
Signature Advantage Checking 0.03% $25,000 $25.00 Learn MoreShow Less
Select Checking 0.01% $2,000 $15.00 Learn MoreShow Less

Loan Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

SunTrust Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


SunTrust Bank Locations

Financial Details

SunTrust Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of SunTrust Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
SunTrust Bank U.S. Bank Average
8.05% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, SunTrust Bank had $1,997,623,000 in non-current loans and $73,590,000 in owned real estate. To cover these potential losses it had $24,073,115,000 in equity and $1,649,243,000 in loans loss reserves. That gives it a Texas Ratio of 8.05%.

Return on Equity
SunTrust Bank U.S. Bank Average
11.45% 9.77%

SunTrust Bank has a Return on Equity of 11.45% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
SunTrust Bank U.S. Bank Average
11.91% 12.31%

SunTrust Bank has a Capitalization of 11.91% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

SunTrust Bank Balance Sheet Analysis

As of June 30, 2018, SunTrust Bank had assets of $202,064,278,000, loans of $145,656,561,000, and deposits of $165,212,451,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $5.84 billion
Interest-bearing balances $3.80 billion
Total securities $30.92 billion
Federal funds sold and reverse repurchase $0.04 billion
Net loans and leases $145.66 billion
Loan loss allowance $1.65 billion
Trading account assets $2.99 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.07 billion
Goodwill and other intangibles $7.93 billion
All other assets $7.25 billion
     Total Assets $177.99 billion
LIABILITIES
Total deposits $165.21 billion
      Interest-bearing deposits $123.38 billion
      Deposits held in domestic offices $165.21 billion
      % insured (estimated) 57.13%
Federal funds purchased and repurchase agreements $1.44 billion
Trading liabilities $0.66 billion
Other borrowed funds $7.60 billion
Subordinated debt $0.93 billion
All other liabilities $2.15 billion
      Total Liabilities $177.99 billion
      Shareholders’ Equity $24.07 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $3.41 billion
Total Interest Expense $0.42 billion
Net interest income $2.99 billion
Provision for loan and lease losses $0.07 billion
Total non interest income $1.36 billion
Total non interest expense $2.57 billion
Pre-tax Net Operating Income $1.72 billion

Frequently Asked Questions About SunTrust

Branches and Savings

Is SunTrust FDIC insured?

Yes. It is covered under FDIC Certificate #867.

Why does SunTrust pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are SunTrust CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is SunTrust a commercial bank?

Where are SunTrust locations?

See branch locations nearby.

Is SunTrust open on Saturdays?

Is SunTrust open on Sundays?

What time does SunTrust open?

What time does SunTrust close?

Are SunTrust ATMs Open 24/7?

Do SunTrust ATMs accept cash deposits?

Can SunTrust customers use other ATMs?

Do SunTrust branches have notaries?

Will SunTrust notarize my document?

What address for SunTrust should I put for incoming ACH transfers?

Will the SunTrust branch print checks?

Do SunTrust checks expire?

Does SunTrust require US citizenship to open account?

Can SunTrust close my account?

Does SunTrust Report to credit bureaus?

Does SunTrust Use Equifax?

What is SunTrust's ACH Routing Number?

What is SunTrust's SWIFT code?

Products

Does SunTrust offer mortgages?

Compare mortgage rates here.

Does SunTrust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does SunTrust offer personal loans?

Compare personal loan rates here.

Does SunTrust offer student loans?

Will SunTrust cash a check?

Will SunTrust redeem a savings bond?

Does SunTrust cash savings bonds?

Will SunTrust cash money orders?

Can SunTrust issue a money order?

Does SunTrust do currency exchange?

Background on The Bank

Who owns SunTrust?

How long has SunTrust been around?

Can SunTrust transfer to other banks?

Does SunTrust have quick pay?

Does SunTrust accept rolled coins?

Will SunTrust accept loose change?

Where is SunTrust headquarters?

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